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this post was submitted on 06 Apr 2025
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Has someone on LW already proposed a BayesCoin or have I just figured out how to steal lunch money from all rationalists at once
With a name like that and lesswrong to springboard it's popularity, BayesCoin should be good for at least one cycle of pump and dump/rug-pull.
Do some actual programming work (or at least write a "white paper") on tying it into a prediction market on the blockchain and you've got rationalist catnip, they should be all over it, you could do a few cycles of pumping and dumping before the final rug pull.
Without looking it up i can tell you that coin already exists and the value has crashed already
it's a fucking harry potter reference
HP fanfic but house points are crypto and the chocolate frog cards are NFTs tracked on a magical blockchain
Non Fungible Toads
Edit: this is a nonsequitur, but my wife just shared this with me and it is delightful